IDEO Appoints Design Luminary, Venture Innovator and IDEO Alumnus Michael Peng as Chief Executive Officer To Spearhead Growth
30.4.2025 20:00:00 EEST | Business Wire | Press release
IDEO, the global design company, announces the appointment of Michael Peng as its new Chief Executive Officer, effective June 2, 2025. Peng returns to the company after five years of transformative work at Moon Creative Lab, a venture studio established by global trading and investment company Mitsui & Co. His leadership will bring a unique blend of human-centered creativity, multicultural fluency, thoughtful collaboration, and strong business acumen.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250430749502/en/
Mike Peng joins global design company IDEO as its next CEO in June 2025 (Photo: Business Wire)
Derek Robson, who has served as IDEO’s CEO since 2023, will move to a new group-level role focused on expanding collaboration within kyu, a collective of creative companies of which IDEO is a member. Robson’s work has reset IDEO’s foundation and primed the company for an exciting trajectory of growth. This timely transition sees design and venture pioneer Peng stepping in as the next CEO, a strategic appointment led by Robson.
“In Mike, we’ve found a leader whose brain, heart, courage, curiosity and design mastery make him the ideal match for IDEO’s evolving ambitions and an exceptional fit as the next Chief Executive Officer,” says Robson. “His return represents a reconnection with IDEO’s roots and a launchpad for its future. I’m looking forward to working with him.”
With a background in neuroscience, Peng is currently the Chief Creative Officer at Moon Creative Lab, where 11 ventures were successfully launched into the market. Prior to joining Moon, Peng was a Partner at IDEO. During his tenure of nearly 14 years at IDEO, he worked across diverse industries and global markets; fostered multicultural team collaboration; and helped establish the design research discipline in the New York office. He also opened and led IDEO Tokyo and co-founded D4V, Japan’s pioneering venture capital firm for early-stage startups.
Peng says: “I’m excited to be rejoining IDEO at a time when human-centeredness is needed more than ever in the technology-forward world that we live in. My most recent experiences in bringing new ventures to market have shown me the impact we can create in the world by utilizing emerging technologies through the lens of design. I’m eager to bring everyone together at IDEO to push the boundaries of design and help our clients and partners achieve market leadership and success.”
Michael Birkin, CEO of kyu adds, “Derek has restructured, stabilized, and explored new possibilities for IDEO. Now with Mike stepping into the role of CEO and Derek looking to unlock opportunity across kyu, IDEO is poised to accelerate its offerings, impact and growth.”
Commenting on the transition, David Kelley, co-founder of IDEO and Stanford University’s d.school, says: “I want to thank Derek for his dedication and look forward to the continued contributions he will make in his new capacity. Welcoming back Mike feels like a homecoming, and I’m thrilled to have him take the reins and shape what’s next for IDEO.”
For more information on this announcement, visit www.ideo.com/futurebydesign.
About IDEO
IDEO is a global design and innovation company. The company partners with organizations to tackle complex challenges, uncover new opportunities, and create meaningful and positive impact across business, society, and culture. From designing iconic products and services to crafting new ventures, to building creative capabilities within organizations, IDEO’s work is rooted in empathy and experimentation. Part of kyu, a collective of strategically curated creative organizations, IDEO has offices in the US, UK, and China. Learn more at www.ideo.com.
About Michael Peng
Michael Peng is a design and innovation leader who spent over a decade at IDEO (2006-2020), where he worked with a diverse range of Fortune 100 clients, helped grow IDEO’s global presence, co-founded the Tokyo studio, and launched D4V, Japan’s first early-stage design-focused venture fund. He became an IDEO Partner in 2017 and was appointed to the board of IDEO.org in 2020, a role he continues to hold. Mike is currently Chief Creative Officer at Moon Creative Lab, where he guides the development of new ventures and leads Moon Media, a storytelling initiative exploring creativity and entrepreneurship through film. A committed educator, he has taught at esteemed institutions including Copenhagen Institute of Interaction Design (CIID), New York University’s Robert F. Wagner Graduate School of Public Service, and The University of Tokyo. Mike holds a degree in cognitive science from the University of California, Berkeley.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250430749502/en/
Contacts
Media Contact
Kathryn Green
kgreen@ideo.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
www.businesswire.com

Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Enry’s Island Unveils “Enry’s Island Adventures”: Venture Capital Becomes a Videogame and Launches the “Strap” Movement on Kickstarter3.4.2026 10:47:00 EEST | Press release
Enry’s Island SpA (WBAG: EIOS), the world’s first publicly traded Venture Builder, today announced the upcoming Kickstarter launch of Enry’s Island Adventures (EIA), developed by its New York-based portfolio company, Enry’s Island Adventures LLC. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260402548535/en/ The game is designed to make venture capital accessible to new generations, transforming startup creation into an engaging and social gaming experience. After three years of R&D, EIA introduces a "bleisure" model (business + leisure): players learn to launch and manage startups through gameplay that includes real business KPIs, a customizable and evolving personal island, synchronous and asynchronous multiplayer modes, social events, and community-driven seasonal missions. The “VC revolution”: teaching and democratizing through play "I agree with Elon Musk that the best way to teach is through a video game, and this is
SES Announces Results of the Annual General Meeting2.4.2026 17:49:00 EEST | Press release
SES (the “Company”) held the Annual General Meeting (“AGM”) of Shareholders today in Betzdorf, Luxembourg. Following the recommendations made by the Board of Directors of SES, the shareholders have voted in favor of all resolutions, including the Company’s 2025 annual accounts and the proposed annual dividend of EUR 0.50 per A-share (EUR 0.20 per B-share). The total dividend amount comprises the interim dividend of EUR 0.25 per A-share (EUR 0.10 per B-share), which has already been paid to shareholders on October 16, 2025. The final dividend of EUR 0.25 per A-share (EUR 0.10 per B-share) will be paid to shareholders on April 16, 2026. “I would like to sincerely thank our shareholders for their active engagement, visionary support and continued confidence in SES’ strategy,” said Adel Al-Saleh, CEO of SES. “The outcomes of today’s AGM underscore our shared commitment to a bold multi-orbit approach, with Medium Earth Orbit as the strategic backbone of a dynamically evolving global interco
Forrester: Three Years Into GenAI, Enterprises Are Still Chasing Its True Transformative Value2.4.2026 17:00:00 EEST | Press release
According to Forrester’s (Nasdaq: FORR) latest report, Accelerate Your AI Voyage, most enterprises are struggling to turn growing AI adoption and investment into measurable business impact. One of the key factors holding businesses back is low artificial intelligence quotient (AIQ) — Forrester’s measure of AI aptitude — with many employees lacking a clear understanding of how to use AI. Other barriers include an overemphasis on productivity-focused use cases, difficulty measuring impact, and siloed adoption within individual functions. While these challenges can leave firms frozen in doubt or indecision, the wait-and-see approach to AI adoption is no longer viable. To unlock AI’s full potential, organizations need to focus on four key areas: Define the business outcomes and success metrics for what they want AI to achieve; identify specific use cases for AI deployment aligned to those business outcomes; establish a structured runway to plan, test, and strategically time the deployment
Andersen Consulting Adds Multiplica2.4.2026 16:30:00 EEST | Press release
Andersen Consulting enters into a Collaboration Agreement with Multiplica, a digital consulting firm that helps organizations design, build, and scale impactful digital experiences. Founded in Spain with a presence in Latin America and the U.S., Multiplica focuses on user research and discovery, customer experience research, digital strategy, data modeling and analysis, report automation and data visualization, conversion rate optimization, product design, and user experience design. The firm helps organizations accelerate digital transformation by building digital capabilities, teams, and assets that advance expertise across digital products, consulting, and talent development. Multiplica enables clients to forecast emerging trends in digital experience and transform their businesses through enhanced digital channels and customer engagement. “Collaborating with Andersen Consulting represents an exciting opportunity to extend our reach and impact,” said David Boronat, CEO of Multiplica
Brightfin Unifies Brand Following Proven Optics Merger, Delivering a New Standard for Technology Cost Optimization2.4.2026 16:00:00 EEST | Press release
Brightfin today announced that, following its merger with Proven Optics, the combined company will operate under a single brand: Brightfin. The unified company brings together deep expertise in Technology Expense Management (TEM) and IT Financial Management (ITFM) to help organizations better understand, manage, and reduce total technology spend. Technology spending will exceed $6 Trillion this year, and for most organizations, it remains one of the least understood. CIOs can tell you what they’re spending. Far fewer can tell you whether it’s working. “Over the past several months, we’ve brought these two businesses together around a shared purpose: help enterprise businesses better understand and optimize their technology spend,” said Joel Martins, CEO of Brightfin. “What we are seeing now is a shift. Visibility alone isn’t enough. Teams need to be able to act, tied to real financial outcomes. See Clearly. Spend Better. That is our north star, and that is what our platform is built to
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom